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CITY · 2020 ACS

New Market

Virginia · 2,155 residents · 2.021 sq mi
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The short version

New Market has notably lower household income than the US average, with a median household income of $40,774. Population has grown 32% since 2000. Median home value has more than doubled since 2000, reaching $220,800. With a median age of 47.7, the population is older than the US median of 38.8. Households here earn about 47% less than the Virginia median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 47.7
US median: 38.8
Less educated
25% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
2,155
+32%since 2000
from 1,637 in 2000
1990 – 2025
Population density
1,066 / sq mi
+32%since 2000
from 810 / sq mi in 2000
US average: 280
Median age
47.7
+10%since 2000
from 43.3 in 2000
US average: 38.8
Population, 1990 – 2024
1K2K2K2K3K1990201020202024New Market
20242K
1990201020202024
Section 02

Income & economy

Median household income
$40,774
−16%inflation adjusted, since 2000
from $32,365 in 2000
US average: $66,278
1990 – 2024
Per capita income
$29,725
+45%since 2000
from $20,480 in 2000
US average: $35,364
Households earning $100K+
23.1%
Unchangedsince 2009
from 23.1% in 2009
US average: 43.9%
Poverty rate
12.9%
+0.9 ptssince 2000
from 12.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Information19.4%
US avg: 11.1%
Retail trade9.4%
US avg: 10%
Finance & insurance9.1%
US avg: 5.5%
Professional, scientific, technical9.1%
US avg: 4.7%
Wholesale trade4.5%
US avg: 6.7%
Agriculture, forestry, fishing3.5%
US avg: 1.7%
Construction3.5%
US avg: 1.2%
Other services2.8%
US avg: 6.6%
Transportation & warehousing1.2%
US avg: 2.5%
Public administration0.8%
US avg: 4.7%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$220,800
+24%inflation adjusted, since 2000
from $118,800 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$676
+5%inflation adjusted, since 2000
from $429 in 2000
US average: $1,124
Owner-occupied
50.6%
−4.8 ptssince 2000
from 55.4% in 2000
49.4% rent
Afford Score
5.4
+48%since 2000
from 3.7 in 2000
1990 – 2024
RELATED:See current rent listings in New Market on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic91.1%(1,492)
Black0.8%(13)
Hispanic / Latino7%(114)
Asian0.7%(11)
Other0%
Diversity Score19.6%(322)
2020
White, non-Hispanic75.2%(1,620)
Black2%(44)
Hispanic / Latino18.5%(399)
Asian0.9%(20)
Other3.2%(70)
Diversity Score49.7%(1,071)
Diversity Score
50
+153%since 2000
from 20 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
24.9%
+5.2 ptssince 2000
from 19.7% in 2000
US average: 32.9%
High school or higher
82.4%
+9.3 ptssince 2000
from 73.1% in 2000
US average: 88.5%
Graduate degree
10.5%
+3.5 ptssince 2000
from 7.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
21.5 min
+56%since 2000
from 13.8 min in 2000
US average: 26.9
Drive alone to work
73.2%
−2.2 ptssince 2009
from 75.4% in 2009
US average: 75.1%
No vehicle available
8.5%
+1.7 ptssince 2009
from 6.8% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.2%
−2.8 ptssince 2011
from 4.0% in 2011
US average: 5.4%
Labor force participation
52.2%
+4.2 ptssince 2011
from 48.0% in 2011
US average: 63.4%
Management & professional
27.7%
−29.6 ptssince 2009
from 57.4% in 2009
US average: 39.3%
Section 08

People & community

Male
42.3%
−6.5 ptssince 2009
from 48.7% in 2009
Female
57.7%
+6.5 ptssince 2009
from 51.3% in 2009
Foreign born
1.9%
−5.5 ptssince 2009
from 7.4% in 2009
US average: 13.5%
Uninsured
12.2%
−69.4 ptssince 2013
from 81.6% in 2013
US average: 8.8%
Drill deeper

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Compare New Market to nearby cities

NEW MARKET VS
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NEW MARKET VS
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NEW MARKET VS
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NEW MARKET VS
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Frequently asked

How many people live in New Market, Virginia?

New Market, Virginia has about 2,155 residents according to the 2020 American Community Survey.

What is the median household income in New Market, Virginia?

The typical household in New Market, Virginia earns about $40,774 a year. Half of households make more than that, and half make less.

Is New Market, Virginia expensive?

In New Market, Virginia, the median home is worth about $220,800, and the typical rent is about $676 a month.

How educated are people in New Market, Virginia?

About 24.9% of adults age 25 and over in New Market, Virginia hold a bachelor's degree or higher.

What is the poverty rate in New Market, Virginia?

About 12.9% of people in New Market, Virginia live below the federal poverty line.

Has New Market, Virginia grown since 1990?

Yes, New Market, Virginia has grown since 1990. The population has added about 720 residents, a change of about 50 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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